News Details
F1 revenue in second quarter extremely down
Formula 1 is of course a very expensive sport and a total standstill is immediately visible in the books. The company behind the Formula 1, Liberty Media, published the quarterly figures today and they show a substantial loss. Compared to the second quarter in 2019, the company notes a considerable difference. From 620 back to 24 million In 2019, Formula 1 yielded $620 million in the period from 1 April to 30 June. That will be raised through the circuits that have to pay hosting fees, but also through television rights and other advertising. In the second quarter of 2020, this will drop to a paltry 24 million dollars, according to the press release. Read more Doubts whether Vettel will...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 quarterly revenue tumbles, hit by COVID-19
Formula 1 saw its second quarter 2020 revenue crash by 96 percent...
4y ago from F1i.com
Formula 1 revenue drops by almost $600m in second...
Formula 1 owners Liberty Media has revealed the startling cost of the...
4y ago from GPFans.com
F1 Q2 revenue drops from $620m to $24m due to COVID-19
Formula 1’s revenue for the second quarter of the financial year has...
4y ago from Racer.com
Ferrari F1 revenue takes massive hit amid COVID-19...
Ferrari unsurprisingly announced on Monday a decline in its financials...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Details of Marc Marquez’s first test with factory...
No description available...
9h ago from Motorsport.com
Bagnaia: I will learn to finish fifth instead of...
No description available...
11h ago from Motorsport.com
The mental metamorphosis that helped Martin secure his...
No description available...
10h ago from Motorsport.com
Harley-Davidson and MotoGP’s Dorna announce new...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
4d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
4d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
4d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
13h ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
3d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
3d ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Manchester United plot January loan move for...
No description available...
1h ago from SportsKeeda.com
Keown in heated clash with fellow pundit over future...
Martin Keown and Simon Jordan have locked horns in a fierce debate over...
4h ago from CaughtOffside.com
Liverpool, Arsenal sent £33.4m transfer warning by...
Eintracht Frankfurt sporting director Markus Krosche warns Liverpool that...
2h ago from SportsMole.co.uk
'I imagined a future there' - Real Madrid star...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo makes sensational RETURN as F1 team announce huge...
Axed Formula 1 star Daniel Ricciardo is keeping... Read More »
3h ago from GPFans.com
Huge Cullen statement made ahead of Hamilton Ferrari switch
A clear statement has been made regarding Lewis... Read More »
8h ago from GPFans.com
Ricciardo makes STUNNING motorsport return
Axed Formula 1 star Daniel Ricciardo has made a... Read More »
5h ago from GPFans.com
